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Who doesn't want to win $50K?

Caleb Caldcleugh gives a “high-five” to Alexa Kinigopoulos during the filming of “Based on Rosenthal” for the 2014 Louisiana Film Prize at River City Iron & metal in Shreveport. At right is director Stephen Kinigopoulos.(Photo: Jim Hudelson/The Times)Buy Photo

This year's Film Prize once again offers the $50,000 grand prize, as well as added incentives – distribution for the Top 5 films on iTunes through Shorts International and screenings at partnering film festivals.

In addition, the contest offers a handful of "Founder's Circle" grants. These $3,000 filmmaking grants are awarded to five of the Top 20 filmmakers. The contest also awards $1,000 for best actor and actress.

"We're really amazed by the national attention we've received for last year's competition and festival," said executive director Gregory Kallenberg. "It shows that we've started to create a true home for the independent film spirit. We can't wait to see what 2015 has in store for the Film Prize."

Changes to the 2015 Film Prize

•Tipitina's Music Office Co-Op providing filmmakers with audition space, film set locations and film editing software.